Latest news with #HOV
CBS News
05-06-2025
- Automotive
- CBS News
Work on new paid Express Lanes on San Jose highways will begin soon
The Valley Transportation Authority said work on creating new paid Express Lanes on part of Highway 85 and Highway 101 will begin on Friday. The paid Express Lanes will replace single carpool lanes from the Highway 101/Highway 85 interchange to Highway 87. Conversion work will include the Highway 101/Highway 85 Direct HOV to HOV connector ramps and the Highway 101 approaches. VTA said it is part of Phase 4 of the Express Lanes Project. Work on Phase 4 of the Express Lanes Project will begin on Friday, June 6, 2025, the VTA said. Valley Transportation Authority Express Lanes can be used by HOV vehicles and motorcycles for free, but non-HOV vehicles must pay a toll with a FasTrak transponder. The toll price is based on traffic, with more traffic increasing the price. Highway 85 Noise Reduction Work on a different project will begin on Friday as well. The VTA said its Highway 85 noise reduction program will break ground. Highway 85 in Mountain View, Saratoga, Cupertino, Sunnyvale and South San Jose will get new pavement that reduces noise generation, the VTA said.
Yahoo
20-05-2025
- Business
- Yahoo
Hovnanian: Fiscal Q2 Earnings Snapshot
MATAWAN, N.J. (AP) — MATAWAN, N.J. (AP) — Hovnanian Enterprises Inc. (HOV) on Tuesday reported earnings of $19.7 million in its fiscal second quarter. On a per-share basis, the Matawan, New Jersey-based company said it had net income of $2.43. The homebuilder posted revenue of $686.5 million in the period. For the current quarter ending in July, Hovnanian said it expects revenue in the range of $750 million to $850 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on HOV at
Washington Post
20-05-2025
- Business
- Washington Post
Hovnanian: Fiscal Q2 Earnings Snapshot
MATAWAN, N.J. — MATAWAN, N.J. — Hovnanian Enterprises Inc. (HOV) on Tuesday reported earnings of $19.7 million in its fiscal second quarter. On a per-share basis, the Matawan, New Jersey-based company said it had net income of $2.43. The homebuilder posted revenue of $686.5 million in the period. For the current quarter ending in July, Hovnanian said it expects revenue in the range of $750 million to $850 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on HOV at
Yahoo
20-05-2025
- Business
- Yahoo
Hovnanian: Fiscal Q2 Earnings Snapshot
MATAWAN, N.J. (AP) — MATAWAN, N.J. (AP) — Hovnanian Enterprises Inc. (HOV) on Tuesday reported earnings of $19.7 million in its fiscal second quarter. On a per-share basis, the Matawan, New Jersey-based company said it had net income of $2.43. The homebuilder posted revenue of $686.5 million in the period. For the current quarter ending in July, Hovnanian said it expects revenue in the range of $750 million to $850 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on HOV at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-03-2025
- Automotive
- Yahoo
California's HOV Access for EV Drivers Could Disappear Later This Year
California may lose access to a popular EV incentive that allows drivers of electric and plug-in-hybrid cars to use HOV lanes without passengers. A federal statute that expires on September 30 allows California to extend HOV-lane access to single-occupancy cars. Legislators in California want to extend the incentive, but lawmakers in Washington have not made any moves to do so. California drivers with low-emission vehicles have long been allowed to enjoy the perks of the high-occupancy vehicle (HOV) lane, no matter the amount of passengers they carry. That perk may soon be coming to an end, though, as reported by Automotive News. The federal statute that allows states to give low-emission cars special access to HOV lanes is set to expire on September 30. The AN report says that California lawmakers want to extend the provision, but legislators in Washington D.C. have not made any moves in that direction. Greg Wallis, a Republican state assemblyman who authored a bill to extend the bill in California, called the program a "key incentive." "Many California auto buyers purchase ZEVs to access HOV lanes," Wallis said in a statement. "I strongly encourage the Trump administration to extend the program to keep our transportation transition moving in the right direction." Since 1998, the Transportation Equity Act for the 21st Century has allowed states to permit drivers of single-occupancy vehicles to use HOV lanes, so long as their car is "certified as an inherently low-emission vehicle." A year later, California introduced its Clean Air Vehicle Decal program that incentivized the switch to more efficient vehicles. Cars are only eligible for the decal program once, and the incentive isn't transferable. The program requires ICE cars to meet California's SULEV and Federal ILEV emission standards, plug-in-hybrid cars to meet California's TZEV standards, or be 100 percent battery-electric or hydrogen-fuel-cell-powered vehicles. The potential loss of the HOV incentive is one of many recent blows to electric vehicles, but the program's efficiency was already at risk. As AN reports, the number of decals the California DMV issued to EVs increased by 52 percent between 2023 and 2024, so as the program's popularity has increased, the benefits of the restricted HOV-lane access have decreased. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!
